Common use of Delayed Draw Term Loans Clause in Contracts

Delayed Draw Term Loans. Subject to the terms and conditions of this Agreement and the other Loan Documents and in reliance on the representations and warranties set forth in this Agreement and the Loan Documents, each Delayed Draw Lender severally agrees to make a Delayed Draw Term Loan to the Borrower on the applicable Delayed Draw Funding Date in a principal amount equal to such Delayed Draw Lender’s Delayed Draw Commitment Amount.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Quintana Energy Services Inc.), Second Lien Credit Agreement (Quintana Energy Services Inc.)

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Delayed Draw Term Loans. Subject to the terms and conditions of this Agreement and the other Loan Documents and in reliance on the representations and warranties set forth in this Agreement and the Loan DocumentsAgreement, each Delayed Draw Term Loan Lender party hereto on the Restatement Date severally agrees to make a the Delayed Draw Term Loan to the Borrower Borrowers on the applicable Delayed Draw Funding Closing Date in a principal amount equal not to exceed such Delayed Draw LenderXxxxxx’s Delayed Draw Term Loan Commitment Amountduring the period from and including the Restatement Date to the Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Aci Worldwide, Inc.)

Delayed Draw Term Loans. Subject to On the terms and subject to the conditions of this Agreement and the other Loan Documents and in reliance on the representations and warranties set forth in this Agreement and the Loan Documents, each Delayed Draw Lender severally agrees prior to make a Delayed Draw Term Loan Commitment Termination Event, the Borrower may from time to time irrevocably request that Delayed Draw Term Loans in addition to Delayed Draw Term Loans then outstanding be made by the Delayed Draw Term Lenders, up to the Borrower on the applicable Delayed Draw Funding Date in a principal amount equal to Term Loan Commitment Amount. Any such request for such Delayed Draw Lender’s Delayed Draw Commitment AmountTerm Loans shall be made in accordance with Section 2.3.1.

Appears in 1 contract

Samples: Loan Agreement (Tropicana Las Vegas Hotel & Casino, Inc.)

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Delayed Draw Term Loans. Subject to the terms and conditions of this Agreement and the other Loan Documents and in reliance on the representations and warranties set forth in this Agreement and the Loan DocumentsAgreement, each Delayed Draw Term Loan Lender party hereto on the Restatement Date severally agrees to make a the Delayed Draw Term Loan to the Borrower Borrowers on the applicable Delayed Draw Funding Closing Date in a principal amount equal not to exceed such Delayed Draw Lender’s Delayed Draw Term Loan Commitment Amountduring the period from and including the Restatement Date to the Commitment Termination Date.

Appears in 1 contract

Samples: Amendment Agreement (Aci Worldwide, Inc.)

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